State Street Communication Services Select Sector SPDR Etf

Business Description

This fund puts nearly all of its money into stocks that make up a single market index focused on the communication services sector. The companies in this index span a range of industries, from telephone and wireless providers to media, entertainment, and online platforms. Because the fund concentrates its holdings in one sector rather than spreading them across the broader market, it carries a higher level of risk than a more broadly diversified fund.